August 23, 1999
Concerning your August 23 Odyssey program with John Gordon and the
National Debt; Mr. Gordon succeeded in mis-educating and keeping your
listeners ignorant (asleep).
If anyone believes that tax dollars are being collected, sent to
Washington and being wasted, the only thing being wasted is that persons
You asked about repaying the debt. The sad truth is that all money in
circulation except for coins, is in circulation on the basis of a debt. If
there is no debt, there is no money! Hard to believe, but true. Those pieces
of paper you mistakenly call dollars are the representation of the debt. The
monetization of debt is the technical term. How can you repay a debt with
debt, even if there would be money left over when you got through repaying?
Also, dollars do not exist as anything tangible. Like a mermaid, you can
picture a mermaid, but you cannot touch or hold a mermaid, because it exists
only in your mind. A dollar is even more difficult to visualize, itís
impossible, because a dollar is a unit of measurement, like an inch, foot,
mile, pound, quart, or ton. You can visualize a quart of milk, but you
cannot visualize a quart. If you go to a store and ask for a quart, the
clerk will ask you, "a quart of what?" If you ask for a quart of
milk, the clerk knows exactly what youíre talking about. A dollar is a
unit of measurement which measures a quantity of gold or silver! You cannot
hold a dollar in your hand, but you can hold a dollar of gold or silver in
your hand. There was a time when you went to a bank and asked for twenty
dollars, the clerk would ask you, "twenty dollars of what, gold or
Some very important questions that should have been asked are:
1. How can the debt be repaid, if repayment just reduces the amount of
money in circulation? Remember, no debt, no money! Do you now see why the
debt never decreases?
2. What is the money of account of the United States and what is a dollar
quantity of it?
3. Who said, "Spend, spend, spend, tax, tax, tax, the people are too
damn dumb to understand?"
4. Who said, "If the people should ever refrain from paying taxes,
the worthlessness of the money will become apparent and the fraud
perpetrated on the people can be concealed no longer?"
You see the purpose of taxation is not to support government, but to get
the worthless paper money out of circulation before it creates
If the government needs a battleship they do not have to tax anyone for
it. They just print the money to buy it, pay the printer with what came off
the printing press and tax what they printed out of circulation before it
I know this is all hard to believe. Harder to believe is that the truth is
contained in government and Federal Reserve documents. Take time to research
the subject for yourself and not rely on those pseudo intellectual experts
and Manchurian Candidates being turned out by the thousands in the thought
and behavior modification clinics known as colleges and universities.
There is a condition of the mind called cognitive dissonance where a person
will only believe what he has been taught to believe or what is pleasing to
that persons mind. The truth is there for all those who have eyes to see and
ears to hear.
Gretchen, if you had control of all the money in the world, what would you
buy with it?
Let me tell you what those who control the powerful do buy with it. They
buy: publishing houses of text books, newspapers, magazines; radio and TV
stations, experts. They buy everything they need to control the minds of the
populace to convince them that whatís happening to them is for their own
good or beyond governments control and thereby keep their control over us.
Pay off the debt, donít pay off the debt, wage price spirals, price wage
spirals, inflation, deflation, depression, recession. You cannot make sense
out of nonsense. WBEZ can either educate the people or just keep feeding
them the party line of "expert" provided nonsense. Of course the
reporters first have to educate themselves, but the chains of cognitive
dissonance are hard to break. Ah, too much trouble, just give them the
nonsense. Anyway an educated populace is a threat to the government.
Try this on for size. The Fed is the only source paper of money. If it
lends $100 at 10% interest how can you pay back $110? Borrow $200 at 10% to
pay the $110. How do you pay back the $220? Borrow $400 at 10%. How do you
pay back the $440? Do you see why the debt keeps increasing no matter who is
in political power? It has to increase, no debt, no money.
There is a simple and legal way to eliminate the debt without even
burdening the working people. However, those in control will never implement
the solution, because it will mean freeing the people from being chained to
the wheel of usury. Why free the slaves?
A clue to the solution is in this letter. If you canít find it, it only
proves that you wasted a lot of money on a college education.
The only thing that makes sense on WBEZ anymore is the jazz at 8pm.
P.S. Who said, "Permit me to control a nations currency and I care not